by Calculated Risk on 5/16/2023 01:10:00 PM

Today, in the Calculated Risk Real Estate Newsletter: Lawler: Early Read on Existing Home Sales in April

A brief excerpt:

From housing economist Tom Lawler:

Based on publicly-available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 4.33 million in April, down 2.5% from March’s preliminary pace and down 22.3% from last April’s seasonally adjusted pace.

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